Forbes Column 08: Capitalism Revisited
Zero-In this week poses a framework question about the incentive structure of its various constituencies. Take a look at Capitalism Revisited.
Related reading:
*In Defense of Capitalism
*An S.O.S. To Silicon Valley
*The VC-Entrepreneur Compensation Disbalance (great comments/discussion)
*Will Capitalism Survive an Obama Administration: Q&A on LinkedIn
Bargains For Private Equity →
This segment is part 45 in a 52 part series
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Fred Smith of “Fred-Ex” seems to agree with your premise in this WSJ story:
http://online.wsj.com/article/SB122488966230768509.html
Sramana,
First, great blog!
To your point on b-school students, I think there is much to be desired to be in our education and immigration system. One hurdle I see for budding entrepreneurs cum international students is the fact that they don’t hand out working visas to self-employed people, so international students gravitate towards financial services/consulting.
Do you have any thoughts on this?
-Abhishek
Absolutely! You raise a very crucial point, Abhishek. I struggled with this all through my entrepreneurial career, until 2002 when I finally got my green card.
I managed to tackle the issue by first incorporating my company in India, and then using a Business visa to come back to the US. I had an Indian operation so it worked for a while.
Things got complicated as I went out to raise money. Long story, but I got thoroughly taken advantage of by investors because of the VISA challenges.
In any case, you will need to speak with an attorney to work through the issues, but that option of incorporating in India and then using a business visa will work, especially now that India is mature.